AU8 1.67% 6.1¢ aumake international limited

Well actually, I do like how they justified their figures, and...

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  1. 964 Posts.
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    Well actually, I do like how they justified their figures, and it makes complete sense that sales would be impacted due to the shut down of Chinese logistics companies during the New Year festival.

    As for the company not breaking even, let alone making a profit, remember, it is in it's infancy years as an asx listed Company, and yet they have so far delivered on several of their objectives, which, unless I'm missing something, takes a shipload of dollars to achieve. Besides losses can soon be used against future profits, so not all is lost there.

    Their push into 5 major stores in China will be a key turning point imo. Seeing what they have achieved as in their growth in stores here in Australia, I have no doubt they will be able to pull this off. These new stores will tap into the lucrative Daigou trade in the intended Country of all end users/customers.

    Would also be interested to hear a Daigou point of view as in whether AuMake offer a better profit margin then other retailers.
    GLTAH, PDYOR, AIMOHO
 
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